About Espouse Technology Private Limited
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Espouse Technology Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 28 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2014PTC073842. Its GSTIN is 29AADCE6453B1ZS (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ganadinni Jayadevi and Sarita Sahoo.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B – 105 Map Enclave 3rd Main Vignan Nagar, Bangalore, Karnataka, India – 560075.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.38 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹40.88 Lakh (net margin 12.1%) and EBITDA of ₹66.95 Lakh (EBITDA margin 19.8%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 14% over five years.
The company has about 28 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Espouse Technology. As per MCA filings, the company has open charges of ₹14.63 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website espousetechnology.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressB – 105 Map Enclave 3rd Main Vignan Nagar, Bangalore, Karnataka, India – 560075
- IndustryInformation Technology, Application Development & Software Solutions, Web Design & Maintenance Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Associated Brands with Espouse Technology Private Limited
Espouse Technology operates one associated brand: Espouse Technology. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides IT consulting, web development, SAP services, and training solutions. | espousetechnology.com |
Competitors & Alternatives of Espouse Technology Private Limited
Brands and companies operating in the same space as Espouse Technology Private Limited include Randstad, CIEL HR, Alera Group and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Randstad | HR consulting, recruitment, and outsourcing services are offered worldwide. | Diemen, Netherlands | 1960 |
 CIEL HR | HR management, recruitment, and staffing services are provided. | Bengaluru, India | 2015 |
 Alera Group | HR, insurance, and liability services are provided by Alera Group. | Deerfield, United States | 1995 |
 UKG | Provider of HR and payroll & workforce management solutions | Weston, United States | 1977 |
 Wanted | HR management services are provided by Wanted in South Korea. | Seoul, South Korea | 2015 |
 Bullhorn | Cloud-based ATS and CRM systems are offered for staffing agencies. | Boston, United States | 1999 |
 Gi Group | End-to-end HR services are provided globally by Gi Group. | Milan, Italy | 1998 |
 ADP | Cloud-based HR management solutions are offered for payroll and compliance. | Roseland, United States | 1949 |
 Insperity | HR outsourcing services are provided to businesses by Insperity. | Kingwood, United States | 1986 |
 HR Path | HR and payroll outsourcing plus consulting services are provided. | Nanterre, France | 2001 |
Business Activity of Espouse Technology Private Limited
The main business activity of Espouse Technology is information and communication. In detail, this covers publishing of newspapers, books, periodicals, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J1 | Publishing of Newspapers, Books, periodicals, etc. activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Espouse Technology Private Limited
Espouse Technology Private Limited is audited by K. C. JENA & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K. C. JENA & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Espouse Technology Private Limited
Espouse Technology has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganadinni Jayadevi | Director | 28 Feb 2014 | 12 Years 7 Months | Current |
| Sarita Sahoo | Director | 28 Feb 2014 | 12 Years 7 Months | Current |
Financials of Espouse Technology Private Limited FY 2024 filings available
Espouse Technology Private Limited reported revenue of ₹3.38 Cr (up 12% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Espouse Technology Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 12% growth in the latest year. EBITDA rose 6% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Espouse Technology Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
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| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹66.95 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹40.88 Lakh | •••• | •••• | •••• | •••• |
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| Share Capital | •••• | •••• | •••• | •••• | •••• |
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| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Espouse Technology Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 12.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
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| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
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| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Espouse Technology are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Espouse Technology Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Espouse Technology Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jan 2023 | Hdfc Bank Limited | ₹14.63 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Espouse Technology Private Limited
Espouse Technology Private Limited has a workforce of 28 employees as of Apr 09, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Espouse Technology Private Limited
Espouse Technology has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCE6453B1ZS | Karnataka | Active | 01 Jul 2017 |
| 21AADCE6453B1Z8 | Odisha | Active | 09 Oct 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Espouse Technology Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Espouse Technology Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Espouse Technology Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Espouse Technology Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Espouse Technology Private Limited
Frequently Asked Questions about Espouse Technology Private Limited
Espouse Technology is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 28 February 2014 (12+ years old) and is registered under CIN U72200KA2014PTC073842.
Espouse Technology reported revenue of ₹3.38 Cr for FY 2024 (up 12% YoY).
Espouse Technology has 2 current directors:
- Ganadinni Jayadevi - Director
- Sarita Sahoo - Director
Espouse Technology reported a net profit of ₹40.88 Lakh (net margin 12.1%) and EBITDA of ₹66.95 Lakh (EBITDA margin 19.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Espouse Technology is 17% over three years and 14% over five years. In the latest year (FY 2024) revenue rose 12%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Espouse Technology is 29AADCE6453B1ZS, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 21AADCE6453B1Z8 (Odisha).
The CIN (Corporate Identification Number) of Espouse Technology is U72200KA2014PTC073842. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Espouse Technology was incorporated on 28 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Yes, Espouse Technology is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).